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Economic chiefs of S. Korea, China to hold talks next month

All News 14:59 January 12, 2018

SEJONG, Jan. 12 (Yonhap) – The top economic policymakers from South Korea and China will hold a bilateral meeting early next month, the Ministry of Strategy and Finance said Friday, restarting regular talks that have been halted for 21 months over a missile row.

The minister-level meeting will be held in Beijing on Feb. 2, with the Chinese side represented by the head of its National Development and Reform Commission, Beijing's top economic planner, the ministry said in a statement.

The gathering will touch on follow-up measures following last month's summit between President Moon Jae-in and Chinese President Xi Jinping.

Last October, South Korea and China agreed to move past a diplomatic dispute over the deployment of an advanced U.S. anti-missile system in South Korea.

South Korea decided to host the U.S. missile defense system to better cope with the growing North Korean nuclear and missile threats.

Arguing that the U.S. missile defense system could also target China, Beijing has taken a variety of retaliatory steps against Seoul, including a ban on group tours to South Korea that hurt the local tourism trade.

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